Your competition: The press release

by Mathew on February 14, 2008 · Comments

It hasn’t gotten a lot of notice, but Richard MacManus has a post up at Read/Write Web that I thought was pretty interesting, about an email he got from Business Wire, in which the press release service brags about its ability to bypass the blogosphere and traditional media and go directly to the markets it is trying to reach, by showing up on Techmeme and other aggregators, as well as in search results.

This may sound like a lot of hot air from a PR service, but as Richard notes in the post, there is ample evidence of press releases showing up at the top of conversation threads on Techmeme. Richard also has some quotes from Gabe Rivera, in which he talks about how that isn’t necessarily a bad thing — provided they are well written — and how some blog posts amount to poorly rewritten press releases anyway.

It was that last point that really struck me. Why shouldn’t press releases get better play than some blog post that basically takes the key facts and repeats them? If a press release gets across the information and has it first, then it deserves to be there — and as Richard notes, as press releases get more “social” and add links and even video, they become more like blog posts, and are even more likely to hit Techmeme.

Memo to the blogosphere: You might want to keep all that in mind the next time you try to get some juice out of posting a rewritten press release. That kind of thing works in traditional media, but it’s probably not going to fly for very long in new media.

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  • Good call, Mat.

    At this point, what's the difference between a company breaking their news on their blog vs putting it out as a release on the wire? The lines are a blurrin'.
  • I agree, Chris.


    On Thu, Feb 14, 2008 at 10:11 PM, Disqus
  • Is there a social press release company?
  • Not sure there's a company that specifically does that, but a number
    of PR professionals have been proposing a standard for the "social"
    press release.


    On Fri, Feb 15, 2008 at 8:42 AM, Disqus
  • Ted
    SEC disclosure laws are the main reason that the 2 major (PR Newswire & BusinessWire) press release services came into existence 40-50 years ago . . . by using one of these services, a public company met the SEC' 'prompt disclosure' rule. I don't think the SEC recognizes blogs as meeting this rule.
  • That's true, Ted -- although the SEC has been considering whether to
    include blogs as one of the methods for meeting that requirement.
    http://www.irwebreport.com/daily/2007/01/10/sec...


    On Fri, Feb 15, 2008 at 10:23 AM, Disqus
  • Jeff
    The way bloggers responded to the facebook platform is a perfect example....
    http://www.ryanholiday.net/archives/when_people...
  • There's a lot of difference between the two. At the end of the day, journalists are tracking topics, etc via the press release channel. Requiring them to subscribe to dozens, hundreds, or thousands of blogs for updates is pretty much a non-starter. I run marketing for Bug Labs, here's a post I wrote on my blog describing why we issued a press release to complement our blog+ communications strategy: http://www.stagetwoconsulting.com/explaining-wh...
  • I agree that blogs are unlikely to completely replace the press
    release any time soon, Jeremy -- but at the same time, if you're
    talking about tracking hundreds of blogs, isn't that what blog alerts
    and aggregators like Techmeme do?

    So then if press releases and PR or company blog posts start showing
    up higher in Techmeme and elsewhere -- which was the point of my post,
    and of Richard's -- then journalists can just track the important
    releases that way.
  • Richard's original blog headline, while clever, doesn't reflect Business Wire's sentiment or the text of the email we sent to him.

    Business Wire has always worked to enable PR and IR professionals to effectively communicate with their target audiences as they define them. We're not looking for people to choose between targeting journalists, blogs or consumers. We strive to serve the needs of each community by enabling tools to sort, parse and deliver a range of relevant information. Here's an excerpt from the email we sent:

    "...with the Internet's transparency, it's no longer necessary to count only on a journalist to open a press release and write about it, since it's available now everywhere to everybody at the same time..."

    Journalists, bloggers, print, web, and broadcast media are critical components of our network, outreach efforts and ongoing investment of resources. Business Wire's editors and security systems ensure our content is credible, which enables our network to reach directly into the editorial systems at major media around the world, while at the same time posting to vertically targeted websites and information portals. Our site allows completely customizable RSS feeds, permalinks, sharing tags and other features for bloggers to use to reference or share the press release materials of interest to them.

    We welcome the dialog and feedback.
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